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Tropical Storm Isaias grazes Florida, heads up East Coast

The Florida coast looked set to avoid major damage late on Sunday with Tropical Storm Isaias keeping offshore as it rumbles north, although it could strengthen to a hurricane by the time it reaches the Carolinas on Monday packing heavy winds and rain.

BNP Paribas issues Australia's first climate-linked bond

BNP Paribas issued Australia's first green bond linked to the performance of an index tracking companies tipped to benefit from the country's transition into a low-carbon economy, aiming to bridge a gap in sustainable investment products.

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